Hotline: 1800 102 2007
X
Search Business Opportunities
Mar, 14 2019

Bharti Axa Life Insurance charts growth strategy

Bharti Axa Life Insurance is eyeing to add new branches and hire insurance agents in the next financial year.

As part of its aggressive growth plans, Bharti Axa Life Insurance is eyeing to add new branches and hire insurance agents in the next financial year with a focus on profitable growth.

Vikas Seth, Managing Director and CEO, Bharti Axa Life Insurance, said, “The drive is part of the company’s overall strategy to strengthen its operation and enhance distribution footprint across the country.”

“We plan to create a large pool of productive agents, strengthen our existing adviser base and reach out to every nook and corner of the country. This will strengthen our distribution bandwidth and help in new customer acquisition,” he added.

In the current year, Bharti Axa added 50 new branches, taking the total network of branches to 236. The firm hired close to 10,000 insurance advisors, marking an increase of 33% to 38,000 agents.

“The company is aiming to create a stronger presence and enhance the width and depth of its reach in the country. We have outgrown the life insurance industry in the first nine months of this fiscal. We are confident of achieving a robust growth by the end of the current financial year,” Seth further stated.

Comment
image
Related opportunities
  • Tea and Coffee Chain
    About Us: Springold ‘The Luxury Café (TLC) is the brainchild of..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Non Banking Financial Company (NBFC)
    GOLDCASH LIMITED – A Premium Business Opportunity with Promising Returns.. About us: Go..
    Locations looking for expansion Odisha
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bhubaneswar Odisha
  • Quick Service Restaurants
    About: Go Italia is a casual dining Italian cuisine restaurant with..
    Locations looking for expansion Karnataka
    Establishment year 2013
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Tea and Coffee Chain
    About Us: If you are looking for a solid business opportunity..
    Locations looking for expansion Delhi
    Establishment year 2010
    Franchising Launch Date 2010
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities